MAcrosses
This professional-grade solution for MetaTrader 4 helps traders achieve greater efficiency in their daily workflow. This technical indicator acts as a specialized analysis tool designed to visualize market data. It helps traders identify emerging trends, momentum shifts, and key support or resistance levels by plotting statistical calculations directly onto price charts.
How to Setup and Use MAcrosses
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
Description & Settings
Counts crosses off MAs, it shows % that all MAs are above slower MAs
If MA crosses above another, the indicator rises If MA crosses under another, the indicator falls
If the indicator rises to 100%, every MA is above MAs with higher period If the indicator falls to 0%, every MA is under MAs with higher period
You set the maximal MA and the step between the MAs
Parameters
the Max MA - Maximal Moving Average.
MAs Step - Step between MAs, optimal is Max MA/10.
MA on MAs crosses - Moving average calculated on main line MAcrosses.
MA method
Applied to price
Alert -
if it is true alert will show up at every cross of alert Lines.
Alert Line
- can be Crosses(main line), or Average(MA on MAs crosses line).
Alert Up Level -
level at which show alert.
Alert Down Level
- level at which show alert.
Can by used as a trend indicator with high values
Can by used as an oscillator indicator with low values
